Alibaba Group Holdings Ltd.
Panjang

BABA Alibaba Options Ahead of Earnings

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If you haven`t sold BABA when Charlie Munger did:
BABA the Daily Journal sold 50% of its stake in it

or reentered when it was cheaper than the IPO:
 Options Ahead of Earnings

Now looking at the BABA Alibaba options chain ahead of earnings , I would buy the $110 strike price Calls with
2023-8-18 expiration date for about
$10.20 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
I have chosen that expiration date to allow me to be wrong and not close the position and to have a bigger gain by the expiration date, if BABA Alibaba keeps on climbing.

Looking forward to read your opinion about it.




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